Idemitsu Kosan Coltd Stock Price on August 6, 2024
| IDKOF Stock | USD 6.59 0.01 0.15% |
If you're considering investing in Idemitsu OTC Stock, it is important to understand the factors that can impact its price. As of today, the current price of Idemitsu Kosan stands at 6.59, as last reported on the 29th of November, with the highest price reaching 6.59 and the lowest price hitting 6.59 during the day. At this point, Idemitsu Kosan is not too volatile. Idemitsu Kosan CoLtd holds Efficiency (Sharpe) Ratio of 0.006, which attests that the entity had a 0.006% return per unit of risk over the last 3 months. We have found nineteen technical indicators for Idemitsu Kosan CoLtd, which you can use to evaluate the volatility of the firm. Please check out Idemitsu Kosan's Market Risk Adjusted Performance of 0.0616, standard deviation of 1.18, and Risk Adjusted Performance of 0.008 to validate if the risk estimate we provide is consistent with the expected return of 0.0073%.
Idemitsu OTC Stock price history is provided at the adjusted basis, taking into account all of the recent filings.
Idemitsu |
Sharpe Ratio = 0.006
| Best Portfolio | Best Equity | |||
| Good Returns | ||||
| Average Returns | ||||
| Small Returns | ||||
| Cash | Small Risk | Average Risk | High Risk | Huge Risk |
| Negative Returns | IDKOF |
Estimated Market Risk
| 1.21 actual daily | 10 90% of assets are more volatile |
Expected Return
| 0.01 actual daily | 0 Most of other assets have higher returns |
Risk-Adjusted Return
| 0.01 actual daily | 0 Most of other assets perform better |
Based on monthly moving average Idemitsu Kosan is not performing at its full potential. However, if added to a well diversified portfolio the total return can be enhanced and market risk can be reduced. You can increase risk-adjusted return of Idemitsu Kosan by adding Idemitsu Kosan to a well-diversified portfolio.
Idemitsu Kosan Valuation on August 6, 2024
It is possible to determine the worth of Idemitsu Kosan on a given historical date. On August 6, 2024 Idemitsu was worth 6.74 at the beginning of the trading date compared to the closed value of 6.74. We use multiple weighted factors in our valuation methodologies to arrive at the intrinsic value of Idemitsu Kosan otc stock. Still, in general, we apply an absolute valuation method to find Idemitsu Kosan's value based on its fundamental and technical indicators available within our service. As compared to an absolute model, our relative valuation model uses a comparative analysis of Idemitsu Kosan where we calculate exposure to its market risk and evaluate relevant financial multiples and ratios against Idemitsu Kosan's related companies.
| Open | High | Low | Close | Volume | |
| 6.74 | 6.74 | 6.74 | 6.74 | 1.00 | |
08/06/2024 | 6.74 | 6.74 | 6.74 | 6.74 | 1.00 |
| 6.59 | 6.59 | 6.59 | 6.59 | 1,771 |
| Backtest Idemitsu Kosan | | | Idemitsu Kosan History | | | Idemitsu Kosan Valuation | Previous | Next |
Idemitsu Kosan Trading Date Momentum on August 6, 2024
| On August 07 2024 Idemitsu Kosan CoLtd was traded for 6.59 at the closing time. The highest daily price throughout the period was 6.59 and the lowest price was 6.59 . The daily volume was 1.8 K. The net trading volume on 08/07/2024 added to the next day price reduction. The trading delta at closing time to closing price of the next trading day was 2.23% . The trading delta at closing time to current closing price is 2.23% . |
Idemitsu Kosan CoLtd Fundamentals Correlations and Trends
By evaluating Idemitsu Kosan's financials over time, investors can gain insight into future company performance. However, you can also analyze the published financial statements to find patterns among Idemitsu Kosan's main balance sheet or income statement drivers and many other relevant indicators that can statistically be found significantly correlated or uncorrelated. Idemitsu financial account trend analysis is a perfect complement when working with valuation or volatility modules.About Idemitsu Kosan OTC Stock history
Idemitsu Kosan investors dedicate a lot of time and effort to gaining insight into how a market's past behavior relates to its future. Access to timely market data for Idemitsu is vital when making an investment decision, and regardless of whether you use fundamental or technical analysis, your return on investment in Idemitsu Kosan CoLtd will depend on recognizing future opportunities and eliminating past mistakes. Historical data analysis is the study of market behavior over a given time. Recorded market-related data such as price, volatility, and volume can be quantified and studied over a defined period. Through a detailed examination of a market's past behavior, traders and investors can gain perspective on the inner workings of that market. The information obtained throughout analyzing Idemitsu Kosan stock prices may prove useful in developing a viable investing in Idemitsu Kosan
,Ltd. operates in petroleum, basic chemicals, functional materials, power and renewable energy, and resources businesses in Japan and internationally. ,Ltd. was founded in 1911 and is headquartered in Tokyo, Japan. Idemitsu Kosan is traded on OTC Exchange in the United States.
Idemitsu Kosan OTC Stock Technical Analysis
Idemitsu Kosan technical otc stock analysis exercises models and trading practices based on price and volume transformations, such as the moving averages, relative strength index, regressions, price and return correlations, business cycles, otc market cycles, or different charting patterns.
Price Boundaries
Idemitsu Kosan Period Price Range
Low | November 29, 2024
| High |
0.00 | 0.00 |
Idemitsu Kosan CoLtd cannot be verified against its exchange. Please verify the symbol is currently traded on OTCGREY Exchange. If you still believe the symbol you are trying to look up is valid, please let us know, and we will check it as soon as possible.
Idemitsu Kosan November 29, 2024 Market Strength
Market strength indicators help investors to evaluate how Idemitsu Kosan otc stock reacts to ongoing and evolving market conditions. The investors can use it to make informed decisions about market timing, and determine when trading Idemitsu Kosan shares will generate the highest return on investment. By undertsting and applying Idemitsu Kosan otc stock market strength indicators, traders can identify Idemitsu Kosan CoLtd entry and exit signals to maximize returns
Idemitsu Kosan Technical and Predictive Indicators
Predictive indicators are helping investors to find signals for Idemitsu Kosan's price direction in advance. Along with the technical and fundamental analysis of Idemitsu OTC Stock historical price patterns, it is also worthwhile for investors to track various predictive indicators of Idemitsu to make sure they correctly time the market and exploit it's hidden potentials. Even though most predictive indicators are useful for the short-term horizon, it's virtually impossible to predict the unforeseen market. For traders with a short-term horizon, predictive indicators add value when properly applied. Long-term investors, however, may find many predictive indicators less useful.
| Risk Adjusted Performance | 0.008 | |||
| Jensen Alpha | 0.0038 | |||
| Total Risk Alpha | (0.18) | |||
| Treynor Ratio | 0.0516 |
| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
Complementary Tools for Idemitsu OTC Stock analysis
When running Idemitsu Kosan's price analysis, check to measure Idemitsu Kosan's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Idemitsu Kosan is operating at the current time. Most of Idemitsu Kosan's value examination focuses on studying past and present price action to predict the probability of Idemitsu Kosan's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Idemitsu Kosan's price. Additionally, you may evaluate how the addition of Idemitsu Kosan to your portfolios can decrease your overall portfolio volatility.
| Efficient Frontier Plot and analyze your portfolio and positions against risk-return landscape of the market. | |
| Sign In To Macroaxis Sign in to explore Macroaxis' wealth optimization platform and fintech modules | |
| ETFs Find actively traded Exchange Traded Funds (ETF) from around the world | |
| Top Crypto Exchanges Search and analyze digital assets across top global cryptocurrency exchanges | |
| Economic Indicators Top statistical indicators that provide insights into how an economy is performing | |
| Portfolio Diagnostics Use generated alerts and portfolio events aggregator to diagnose current holdings | |
| Performance Analysis Check effects of mean-variance optimization against your current asset allocation |